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Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

CRUDE OIL Jun 2022 (NYMEX:CL.M22)

Bear Market Rally (-75) - CL.M22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.M22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_CL.M22
Open High Low CL.M22 Price Change
37.56 38.21 36.98 37.85 +0.45
Entry Signal

MarketClub’s Trade Triangles for CL.M22

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 49.51

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 49.40

short term up The short-term trend has been UP since Apr 2nd, 2020 at 39.51

Smart Scan Analysis for CL.M22

Based on our trend formula, CL.M22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CL.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.56 38.21 36.98 37.85 +0.45
Prev. Close Volume Bid Ask Time
38.95 4856 2020-04-03 16:46:54
First Delivery2022-06-30Expiration2022-05-20
Open Time09:00Close Time14:30
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